Mixed results: Despite rising demand, strong competition limits price and revenue growth

Operators in the Migration Agents industry assist people that want to visit or reside in Australia with visa applications and provide related information. While some voluntary organisations and non-profit firms provide visa application services at no charge, most migration agents work for private companies and charge fees. Some migration agents operate as lawyers and provide additional services, such as legal representation in court if a visa is refused and other legal advice regarding a visa application. Although migration agents can advise a client whether a visa application is likely to succeed, the actual decision is made by the Department of Home Affairs.According to the Department of Home Affairs' Migration Agent Activity Reports, more than 1.1...read more.

Industry Statistics & Market Size
Annual Growth 14-19
Forecast Growth 19-24
Market Share of Companies
There are no companies with a dominant market share in this industry

Industry Threats & Opportunities

  • The number of visa applicants using industry services has grown strongly, boosting revenue
  • Demand for migration agent services continues to be influenced by government policy
  • Migrant arrivals are expected to continue to rise, providing steady demand for industry agents
  • Industry Report - Industry Investment Chapter

    The Migration Agents industry has a low capital intensity level due to the industry's limited requirements for capital equipment and high labour inputs. For every dollar required for labour costs in 2018-19, approximately $0.07 is expected to be invested in computers and capital equipment. The industry's capital intensity level has decreased over the past five years. Technology and equipment investment declined slightly as a share of revenue over the period, while wage costs increased as a portion of revenue. Although costs to purchase computers and computer peripheral equipment have declined over the period, equipment volumes and some software pricing have increased. These general capital and labour input trends are forecast to continue over the five years through 2023-24...purchase to read more.

    Additional Insights for the Migration Agents Industry

    IBISWorld has determined the most important Key Success Factors for the Migration Agents are:

  • Ability to attract local support/patronage
  • Ability to effectively communicate and negotiate
  • Ability to pass on cost increases
  • IBISWorld analysts also discuss how external factors such as Net migration and Demand from temporary staff services in the Migration Agents industry impact industry performance..

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    What's in this report

    What is the Migration Agents Industry?

    Industry operators offer services relating to the legal status of individuals, including permanent residency and visa services. These services include submitting visa applications and providing visa advice, and preparing for and representing before a court of review authority matters related to visa applications.

    Industry Products
  • Temporary worker visa applications
  • Student visa applications
  • Employer sponsored visa applications
  • General skilled worker visa applications
  • Family visa applications
  • Temporary resident visa applications
  • Refugee and protection visa applications
  • Other visa applications
  • Industry Activities
  • Visa application services
  • Visa application advice services
  • Visa matter advice services
  • Court preparation and representation services
  • Immigration and migration advice services
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Net migration
  • Demand from temporary staff services
  • International tourist visitor nights
  • National unemployment rate
  • Mortgage affordability

  • Current Performance
  • Timely application processes
  • Policy and

    demand changes

  • Enterprises and

    profit changes

  • Chart: Revenue Growth

  • Industry Outlook
  • Steady arrivals growth
  • Future government policy
  • Revenue and profit
  • Industry changes
  • Table: Migration Agents Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Migration Agents Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Consumers

  • Key Selling Industries
  • Computer and Software Retailing
  • Furniture Retailing
  • Telecommunications Services

  • Products & Services
  • Student visa applications
  • Temporary worker visa applications
  • Employer sponsored visa applications
  • Temporary resident visa applications
  • Other visa applications
  • Family visa applications
  • General skilled worker visa applications
  • Refugee and protection visa applications
  • Chart: Migration Agents Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Migrants aged 20 to 29
  • Migrants aged up to 19
  • Migrants aged 30 to 39
  • Migrants aged 40 and over
  • Chart: Major Market Segmentation for the Migration Agents Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Wages
  • Rent
  • Depreciation, purchases and utilities
  • Other
  • Chart: Cost Structure Benchmarking – Sector vs Migration Agents

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Migration Agents Industry

  • Industry Globalization
    There are no major players in this industry. This report includes analysis of other companies.
    Capital Intensity
  • Chart: Level of Capital Intensity for the Migration Agents Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Migration Agents Industry
  • Industry Revenue (2010-2024)
  • Industry Gross Product (2010-2024)
  • Establishments (2010-2024)
  • Businesses (2010-2024)
  • Employment (2010-2024)
  • Wages (2010-2024)
  • No. of Visas Lodged by Migration Agents (2010-2024)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Net Overseas Migration
  • Net overseas migration (NOM) is the difference between migration arrivals to Australia and migration departures from Australia.
  • Registered Migration Agent
  • A registered migration agent (RMA) has satisfied the requirements as set out by the government to supply migration agent services to clients.
  • Subclass 457 Visa
  • A temporary visa available for foreign workers with specific skills as listed by the government. To be replaced with Temporary Skill Shortage (TSS) visas from March 2018.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Migration Agents market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Migration Agents:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Migration Agents market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Migration Agents, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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